Inflation Panama 2025
Average inflation: -0.2%
Current Inflation
There is deflation with consumer prices declining by 0.2%.
Peak and Trough
The highest inflation was in February at -0.1%. The lowest inflation was in March at -0.4%.
- Highest month
- February: -0.1%
- Lowest month
- March: -0.4%
- Difference
- 0.3 percentage points
- Months with data
- 3 of 12
Category Insights
The highest price increase was in Food with an average of 1.9%. The lowest price increase was in Energy with an average of -1.2%.
- Highest increase
- Food: 1.9%
- Lowest increase
- Energy: -1.2%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 1.3%.
- 5-year average
- 1.3%
- 10-year average
- 0.7%
- All-time high (2008)
- 8.8%
- All-time low (2020)
- -1.5%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.9 percentage point.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- March: -2.1 percentage points
ECB Target
Inflation is 2.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | -0.2% | -1.4 |
| February | -0.1% | -1.6 |
| March | -0.4% | -2.1 |
| Average | -0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.